Capital One sued by CFPB over its high-yield savings accounts
The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while it increased the new 360 Performance Savings account’s APY from 0.40 percent to 4.25 percent between April 2022 and January 2024.
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APYThe Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings ...
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
It's been a tough week for Capital One, with a lawsuit and system outage hitting back-to-back as other big US banks enjoy ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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